Advanced Micro Devices, Inc. $AMD Shares Acquired by PDS Planning Inc

PDS Planning Inc boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 8.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,239 shares of the semiconductor manufacturer’s stock after buying an additional 613 shares during the quarter. PDS Planning Inc’s holdings in Advanced Micro Devices were worth $1,169,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC acquired a new position in shares of Advanced Micro Devices in the second quarter worth $958,422,000. Goldman Sachs Group Inc. increased its position in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock worth $1,012,538,000 after purchasing an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after purchasing an additional 5,915,185 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Advanced Micro Devices during the 1st quarter worth about $436,746,000. Finally, Parnassus Investments LLC boosted its stake in shares of Advanced Micro Devices by 47,883.5% during the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock worth $425,592,000 after purchasing an additional 4,133,785 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Down 7.8%

Shares of Advanced Micro Devices stock opened at $214.76 on Friday. The company has a market capitalization of $348.51 billion, a PE ratio of 123.42, a P/E/G ratio of 2.74 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $240.10. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The business has a 50-day moving average of $170.33 and a 200-day moving average of $137.22.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the prior year, the company posted $0.69 EPS. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AMD shares. HSBC reduced their price objective on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a research note on Tuesday, September 9th. Truist Financial reiterated a “buy” rating and issued a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a report on Tuesday. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective for the company in a research report on Wednesday. Barclays lifted their price objective on Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Wedbush reissued a “cautious” rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $218.25.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.